Lawrence E. Kurzius - 15 Mar 2023 Form 4 Insider Report for MCCORMICK & CO INC (MKC)

Role
Chairman, President & CEO, Director
Signature
Jason E. Wynn, Attorney-in-fact
Issuer symbol
MKC
Transactions as of
15 Mar 2023
Net transactions value
-$262,930
Form type
4
Filing time
17 Mar 2023, 11:29:39 UTC
Previous filing
08 Jun 2023
Next filing
31 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MKC Common Stock - Voting Options Exercise +7,970 +5.1% 163,242 15 Mar 2023 Direct F1
transaction MKC Common Stock - Voting Tax liability $262,930 -3,663 -2.2% $71.78 159,579 15 Mar 2023 Direct
holding MKC Common Stock - Voting 25,000 15 Mar 2023 IRA
holding MKC Common Stock - Voting 14,455 15 Mar 2023 401(k) Retirement Plan
holding MKC Common Stock - Voting 8,631 15 Mar 2023 By 2021 GRAT C
holding MKC Common Stock - Voting 8,631 15 Mar 2023 By 2021 GRAT D
holding MKC Common Stock - Voting 11,363 15 Mar 2023 By 2022 GRAT E
holding MKC Common Stock - Voting 11,363 15 Mar 2023 By 2022 GRAT F

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MKC Restricted Stock Units Options Exercise -7,970 -100% 0 15 Mar 2023 Common Stock - Voting 7,970 Direct F1, F3, F4
holding MKC Phantom Stock 30,253 15 Mar 2023 Common Stock - Voting 0 Non Qualified Retirement Savings Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units; No purchase price required.
F2 Each share of phantom stock represents the right to receive one share of Common Stock - Voting. Shares of Phantom Stock are payable in shares of Common Stock - Voting in accordance with the terms of the Non-Qualified Retirement Savings Plan.
F3 .The Restricted Stock Units vest in thirds over a three-year period beginning March 15, 2021, March 15, 2022 and March 15, 2023.
F4 The Restricted Stock Units granted on April 1, 2020.